In this article, we will talk about the 5 biggest green energy companies in the world. If you want to see our detailed analysis of the green energy industry which details the trends, current situation, and future outlook of the industry, you can go directly to the 10 Biggest Green Energy Companies in the World.
5. Plug Power Inc. (NASDAQ:PLUG)
Market Cap: $14.91 Billion
Number of Hedge Fund Holders: 23
Plug Power Inc. (NASDAQ:PLUG) provides hydrogen fuel cell solutions for the mobility, material handling, and stationary power markets in North America and internationally. This January, Susquehanna analyst Biju Perincheril initiated coverage of Plug Power Inc. (NASDAQ:PLUG) and gave the stock a Positive rating and a $26 price target. Moreover, on February 17, 2022, the company announced it will be collaborating with Atlas Copco Mafi-Trench Company LLC, a global leader in brazed heat exchangers and cryogenic cold boxes, to develop hydrogen liquefication plants.
Out of the 924 hedge funds being tracked by Insider Monkey, by the end of the fourth quarter of 2021, 23 hedge funds held stakes in Plug Power Inc. (NASDAQ:PLUG). The total value of these stakes was over $281.98 million. Of these, DE Shaw was the most prominent shareholder in the company, having stakes of roughly $166.17 million. The investment covers 0.13% of DE Shaw’s Q4 2021 investment portfolio.
As of March 23, 2022, Plug Power Inc. (NASDAQ:PLUG) is worth $14.91 billion and has gained 2.48% over the past six months.